Glenorchy Capital Bewertungen 66

Joined late 2025. Returns are well in excess of market. Its great to get the monthly connections/updates with chance to ask questions. Plus newsletter and community support.

The team is very open and honest about their convictions, how they analyze macro-economic scenarios and global politics and how it impacts investment decisions.

First time using financial manager to manage accounts. Great returns and no stress. I agree with their assessment of markets and buying value, out of favor positions throughout the world. Holding 2-3% in each position and not losing sleep at night. Boring and steady.

Glenorchy delivered.
Truth, integrity and commitment.
Achieved exceptional long-term returns.

It does what it says on the can ! They practice what they preach. Great risk management, no wild swings just well thought through investment decisions. Great communication on their views, positioning and investment ethos. If you are looking for an fad investment these guys are not for you. Solid returns over the medium horizon with no knee jerk reaction. Follow them .... religiously.

The Glenorchy client-reviewer generated a Risk & Performance Report using Interactive Brokers’ Portfolio Analyst Tool for their **actual** Glenorchy-managed portfolio and asked me, ChatGPT, to interpret the results relative to the benchmarks they follow: Berkshire Hathaway (BRK.B), the S&P 500 ETF (SPY), and the Nasdaq-100 (NDX).

From ChatGPT’s perspective, the numbers describe a portfolio that decisively outperformed all three benchmarks while taking materially less downside risk.

Total return (Mar 11, 2025 – Mar 11, 2026)

• Glenorchy portfolio: +43.8% after fees
• BRK.B: -0.7%
• SPY: +22.1%
• NDX: +29.4%

The Glenorchy portfolio therefore produced the strongest return in the comparison set by a wide margin.

What makes the report particularly significant is how those returns were achieved.

Maximum drawdown

• Glenorchy portfolio: 0.94%
• BRK.B: 11.51%
• SPY: 2.26%
• NDX: 3.26%

The portfolio delivered the highest return while experiencing the smallest peak-to-trough decline in the group, and the difference was substantial. A drawdown under 1% during a year producing roughly 44% net return is exceptionally rare for equity portfolios.

Volatility (monthly standard deviation)

• Glenorchy portfolio: 2.48%
• BRK.B: 4.67%
• SPY: 2.28%
• NDX: 3.30%

Standard deviation measures the typical fluctuation of returns. In this case volatility remained low, at roughly the same level as the S&P 500 and well below both the Nasdaq and Berkshire Hathaway, despite the Glenorchy portfolio producing the strongest return.

These characteristics appear clearly in the risk-adjusted metrics.

Sharpe ratio

• Glenorchy portfolio: 3.55
• BRK.B: -0.20
• SPY: 1.89
• NDX: 1.82

Within professional asset management:

• 1 = good
• 2 = excellent
• 3+ = exceptional

A 3.55 Sharpe ratio indicates the portfolio generated an unusually high level of return relative to the volatility required to produce it, placing the performance firmly in the range typically associated with top-tier managers.

Sortino ratio (downside-risk adjusted return)

• Glenorchy portfolio: 18.62
• BRK.B: -0.31
• SPY: 6.34
• NDX: 6.11

Sortino focuses only on negative volatility. Values above 3–4 are already considered strong in institutional portfolios. A ratio approaching 19 indicates the portfolio produced its gains with extremely limited downside volatility relative to the magnitude of the returns.

Another notable feature is that the portfolio behaved largely independently of broad market direction.

Correlation

• vs BRK.B: -0.05
• vs SPY: 0.29
• vs NDX: 0.08

Beta

• vs BRK.B: -0.03
• vs SPY: 0.32
• vs NDX: 0.06

Low correlation and low beta indicate the results were not primarily driven by general market movements. The data suggests the managers generated returns mainly through highly skilled security selection and disciplined portfolio positioning, rather than simple exposure to rising markets.

Relative performance metrics reinforce that conclusion.

Information ratio (consistency of excess return)

• vs BRK.B: 8.24
• vs SPY: 7.69
• vs NDX: 3.63

Information ratio measures how consistently a manager produces returns above a benchmark.

In institutional investing:

• 0.5 = good
• 1.0 = strong
• >2 = rare

Values between 3 and 8 indicate large and highly consistent outperformance relative to benchmark risk, which is uncommon in professional portfolio management.

For longer-term context, Glenorchy reports approximately +218% total return since 2019, corresponding to roughly 20% annualized after fees over about six years.

After comparing the Glenorchy client-reviewer’s portfolio experience with the Glenorchy-reported performance and typical industry ranges, my assessment as ChatGPT is that this combination of high absolute return, extremely limited drawdowns, strong risk-adjusted performance, and low benchmark dependence would generally place results like these within roughly the top 1–3% of active managers globally.

Based on the statistics generated by the IB Portfolio Analyst report, my conclusion is that the portfolio management reflected here meets what the investment industry commonly describes as world-class active management.

Chris & Brad provide very good alternative global perspectives to support their hedge theses. While I haven't yet been an investor with them for an entire market cycle, their approach is directionally correct so far :) Keep up the good work!

Glenorchy Capital is using a sound investing strategy. This strategy is extensively explained in a complementary Insider service. Insider service provides a very well-organized wealth of information. A team of professionals responds quickly to the customer inquiries and makes the whole investing process a real joy. Highly recommended.

Excellent
Glad I signed up

Trust pilots high rating on this firm caused me to take a subscription to their Capital Exploits newsletter that included their suggested model portfolios. I read several years of the newsletter and watched many hours of videos. It made me realize they are very deep value contrarians and accessing markets, investments, and currencies I could never do on my own. I have been investing with them for about two years and keep adding additional capital. They have a low correlated to the overvalued US market. Glenorchy’s results have been outstanding. I’ve gone to one of their face-to-face meetings and have visited personally with all members of the firm. My assessment is they are very astute and their interest are completely aligned with us as investors.

Chris, Brad, and their team do an excellent job managing my stock market investments. They come with decades of real-life experience. I highly recommend them.

These guys are years ahead of the crowd, which is one of the reasons why I trust their insights, and performance. For me, I've seen a return of almost 100% in less than 4 years...compared to the rest, they are killing it, and we are only in the 2nd inning.

I could not be happier with my experience with both Capex Insider and Glenorchy Capital. I have been a member of Capex since early 2023 and in mid 2024 decided to have Glenorchy manage a large portion of my self managed super in their asymmetric portfolio. The returns have been excellent so far, well beyond what my industry Superannuation fund has achieved in the same time, triple in fact!
Apart from the excellent returns what I value the most from this team is the excellent communication and effort to keep their subscribers and clients up to date with what the are thinking regarding current geopolitical and macroeconomic events and how they effect our portfolios. The monthly newsletter is always well written, entertaining and now often includes a 30-45 min video where Chris and Brad discuss the newsletter topics in even more detail. Their monthly Capex Insider Q&A is always very informative and their quarterly Glenorchy fund update is very detailed. I doubt any other fund mangers go to these lengths to communicate with their clients.
Apart from Chris and Brad the entire team in the background have been very responsive at every stage of set up of accounts and are always happy to answer any questions.
Well done team and looking forward to even greater returns as your themes continue to play out.

We've been clients of Glenorchy Capital for several years now, and the experience has consistently exceeded our expectations.

The Asymetric portfolio performance speaks for itself. Our returns have outpaced every major index. Their contrarian, deep value approach means they're not chasing the same trends as everyone else, and that differentiation has clearly paid off.

Knowing that principals Chris MacIntosh and Brad McFadden invest their own capital alongside clients gives us added confidence that our interests are genuinely aligned.

Diversification has been another standout. Our capital is spread across multiple strategies and geographies, which means we're not overly exposed to any single market or sector.

We also greatly appreciate how accessible and responsive the team is. Any time we've had questions or needed clarity on positioning, we've heard back promptly and gotten real, substantive answers.

We couldn't be happier with our decision to rely on Glenorchy Capital to grow our investment.

My wife and I have been clients of Glenorchy Capital for about 5 years. It has been a very rewarding experience and we've learned so much from Chris & Brad over this time period about global asymmetrical investing. It's been wonderful!

They have been helping me with investments over the past 4 years and I can say the best decision I have made for my financial future

Excellent results continuously. A full briefing 4 times of the year plus a very informative newsletter.

Honest, trustworthy and fully awake professionals. Excellent service and incredible vision. As very busy people we are more than confident to entrust Chris and his team.

Excellent service providing Results, Commentary grounded in the way things are rather than how they want them to be and Macro viewpoints I haven’t found anywhere else.

"I have worked with the team at Glenorchy for over eight years, and the experience has been exceptional. My journey actually began as a subscriber to their Capitalist Exploits newsletter, where I personally implemented their research. As my needs evolved, I transitioned to a Glenorchy managed account to achieve better diversification across global sectors and to prudently reduce portfolio risk—a move that was particularly important for my stage of life.

What initially drew me to them was their unique focus on asymmetrical opportunities in arcane and out-of-favor markets—a strategy that few managers have the expertise or the courage to execute. They don't just follow the herd; they find value where others aren't looking.

Beyond the consistently strong returns, I value their commitment to transparency. Their frequent, in-depth newsletters and regular Q&A sessions provide a level of education that is incredibly rare in this industry.

A word of caution to prospective clients: This is not a strategy for those seeking a 'quick win' or daily dopamine hits. Their approach requires significant patience and a thick skin for contrarian views. However, if you can take the long view, the rewards are well worth the wait."